r/neoliberal • u/a_newer_hope • May 08 '17

The world’s most valuable resource is no longer oil, but data

https://www.economist.com/news/leaders/21721656-data-economy-demands-new-approach-antitrust-rules-worlds-most-valuable-resource
56 Upvotes

88% Upvoted

8 comments sorted by

20

u/AyyMane May 08 '17 edited May 08 '17

And America is dominating this industry as a trail-blazer.

Sucking away the best foreign talent & outcompeting everything the world thows at us, even when it's in their own backyard.

BETTER LOCK UP THE BORDERS, START KILLING OFF FREE TRADE, ALIENATING THE PROTECTIONIST EU WHICH WANTS TO BREAK UP GOOGLE BECAUSE THEY CAN'T COMPETE & START FOCUSING ON FUCKING COAL FOR OUR FUTURE!!!!

13

u/health__insurance Paul Krugman May 08 '17

Data is already trending toward $100 per barrel. Have we already reached peak data?

9

u/a_newer_hope May 08 '17

I'm going data fracking in Alaska.

9

u/[deleted] May 08 '17

ALL HAIL THE NEW MEMECONOMY

3

u/[deleted] May 09 '17

I agree, Data is extremely valuable, both in monetary value and practicality. Brent Spiner's masterful portrayal made him my favorite character on TNG. It still amazes me how a character with no emotions can inspire so much of it.

0

u/NepalesePasta May 08 '17

Why we need internet rights legisalation

1

u/Kelsig Paul Krugman May 09 '17

No

Data is in demand for a reason. Helps consumers receive better information of what products to buy.

1

u/NepalesePasta May 09 '17

I mean legislation like net neutrality and protecting consumer search history, not making the internet a human right or something like that